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Examen
CPCU 520 - Insurance Operations || with Right Answers.
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---74marzo 20252024/2025A+
- Major Goals of Insurers correct answers 1. Earn a Profit 
2. Meet customer needs 
3. Comply with legal requirements 
4. Diversify risk 
5. Fulfill duty to society 
 
Internal constraints on achieving insurer goals correct answers -Inefficiency 
-Lack of expertise 
-Size 
-Financial resources 
 
External constraints on achieving insurer goals correct answers -Regulation 
-Rating agencies 
-Public opinion 
-Competition 
-Economic conditions 
 
Proprietary insurer correct answers An insurer formed ...
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